98294
ZIPSAFMR
Snohomish County, WA
BRFMR
Eff. Rent
0 BR$1,800$1,800
1 BR$1,850$1,850
2 BR$2,160$2,160
3 BR$2,850$2,550
4 BR$3,320$2,850
5 BR$3,818
6 BR$4,391
7 BR$5,049
8 BR$5,807

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.89ratio
FMR$1,800
Market$2,030
vs market-$230

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.89
1 BR
1 BR
0.86ratio
FMR$1,850
Market$2,140
vs market-$290

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.86
2 BR
2 BR
0.92ratio
FMR$2,160
Market$2,340
vs market-$180

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.92
3 BR
3 BR
1.12ratio
FMR$2,850
Market$2,550
vs market+$300

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
4 BR
4 BR
1.16ratio
FMR$3,320
Market$2,850
vs market+$470

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.16
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$259,059
Rent
$2,160
Down payment
$51,812
Loan
$207,247
Mortgage
$1,310
Expenses
$650
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98294 (WA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.